Luthra Water Systems to set up spring water bottling facility in India
Luthra Water Systems, promoted by Mumbai-based Naveen Luthra, plans to invest INR30-35 crore ($5m-$6m) to set up a bottling plant in Ahirwadi village near Lonavla in the Sahyadri mountain range in India.
The upcoming unit is the third plant dedicated to bottle natural spring water brand Mulshi Springs for the European market, reported PTI.
Naveen Luthra said the company will fund the expansion plans from its own sources and production of Mulshi Springs natural spring water in PET bottles will start commercially in the next financial year.
The company expects commercial export of the water to the European Union (EU) and France by the end of this year.
The new facility is expected to increase the production capacity by 1.5 lakh bottles per day. Currently the two operational plants have maximum bottling capacity of around two lakh units per day. After the commissioning of the new plant the company will be able to produce around 4 lakh bottles per day.
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